$599,000 Active
1246 Country Club Drive
South Lake Tahoe, CA 96150
✗ STR Not Allowed — Cap Reached, Waitlist Full
El Dorado County's STR program is at cap and the waitlist is full — no new permits are being issued.
3 Beds
·
2.0 Baths
·
1,792 Sq Ft

About This Property

Situated in the tranquil Country Club Estates, this delightful home offers 3 bedrooms, 2 bathrooms, and an attached 2-car garage. This property has great potential & awaits new owners who would like to make it their own. Nature enthusiasts will love the spacious lot that features glimpses of the beautiful mountains and just across the street from the Lake Tahoe Golf Course.Outdoor adventurers will also appreciate the close proximity to Tahoe Paradise Park, the Truckee River, and an array of scenic trails within the National Forest for hiking and biking. Additionally, just a quick 15-minute drive will take you to the stunning beaches of Lake Tahoe, Heavenly Ski Resort, Sierra at Tahoe, casinos, and more.This property presents a wonderful opportunity for those seeking either a cozy family home or a promising investment for a lifestyle filled with both adventure and serenity. This property does need work, so bring your tool belts!

Listed by Mark Dobson — Coldwell Banker Select - LTB

Listing Details

Status Active
MLS # 142521
Days on Market 73
Sold Date 1800-01-01
Price/Sq Ft $334

Property History

Feb 17, 2026
Listed for sale
$599,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,792
Lot Size 0.23 acres
Year Built 1964
Property Type Single Family Residence
Subdivision Country Club Heights 1
County El Dorado
STR Jurisdiction El Dorado County
APN 033582003000
Parking
Garage Spaces 2
Parking Features 2.00
Attached Garage Yes
Exterior & Lot
View Mountains,Forest,Other/See Remarks
Construction Wood Frame,Wood Siding
Roof Composition,Shingle
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air,Natural Gas,Fireplace
Cooling Forced Air,Natural Gas,Fireplace
Financial
HOA / Community South Tahoe Association of Realtors
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

STR Investment Summary — 1246 Country Club Drive, South Lake Tahoe

Est. Annual Revenue
$44,021
Avg Nightly Rate
$363
Projected Occupancy
33.3%
Cap Rate
2.9%
Structural Score: 63 / 100 (Premium) · STR Zone: Red

Based on comparable vacation rental performance data for South Lake Tahoe. Revenue projections are estimates and may vary.

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($119,800)
Home price
$599,000
Loan details
30-yr fixed, 6.5%
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